International Financial Reporting Standards IFRS in Practice Course

Enhance financial skills with our 5-day "IFRS in Practice" course, covering IFRS principles, statement preparation, compliance, and real-world application strategies.

Finance and Accounting Training Courses Confirmed

Training Locations

This International Financial Reporting Standards IFRS in Practice Course is available in multiple cities. Please select your preferred location from the list below

Durrës

Albania

Tirana

Albania

Andorra la Vella

Andorra

Escaldes-Engordany

Andorra

Innsbruck

Austria

Salzburg

Austria

Vienna

Austria

Gomel

Belarus

Minsk

Belarus

Antwerp

Belgium

Brussels

Belgium

Banja Luka

Bosnia and Herzegovina

Sarajevo

Bosnia and Herzegovina

Plovdiv

Bulgaria

Sofia

Bulgaria

Dubrovnik

Croatia

Split

Croatia

Zagreb

Croatia

Limassol

Cyprus

Nicosia

Cyprus

Brno

Czech Republic

Prague

Czech Republic

Aarhus

Denmark

Copenhagen

Denmark

Tallinn

Estonia

Tartu

Estonia

Helsinki

Finland

Tampere

Finland

Lyon

France

Marseille

France

Nice

France

Paris

France

Berlin

Germany

Frankfurt

Germany

Hamburg

Germany

Munich

Germany

Athens

Greece

Thessaloniki

Greece

Budapest

Hungary

Debrecen

Hungary

Akureyri

Iceland

Reykjavík

Iceland

Cork

Ireland

Dublin

Ireland

Florence

Italy

Milan

Italy

Naples

Italy

Rome

Italy

Pristina

Kosovo

Prizren

Kosovo

Liepāja

Latvia

Riga

Latvia

Schaan

Liechtenstein

Vaduz

Liechtenstein

Kaunas

Lithuania

Vilnius

Lithuania

Esch-sur-Alzette

Luxembourg

Luxembourg City

Luxembourg

St. Julian's

Malta

Valletta

Malta

Bălți

Moldova

Chișinău

Moldova

La Condamine

Monaco

Monte Carlo

Monaco

Budva

Montenegro

Podgorica

Montenegro

Amsterdam

Netherlands

Rotterdam

Netherlands

The Hague

Netherlands

Ohrid

North Macedonia

Skopje

North Macedonia

Bergen

Norway

Oslo

Norway

Gdańsk

Poland

Kraków

Poland

Warsaw

Poland

Faro

Portugal

Lisbon

Portugal

Porto

Portugal

Bucharest

Romania

Cluj-Napoca

Romania

City of San Marino

San Marino

Serravalle

San Marino

Belgrade

Serbia

Novi Sad

Serbia

Bratislava

Slovakia

Košice

Slovakia

Bled

Slovenia

Ljubljana

Slovenia

Barcelona

Spain

Madrid

Spain

Valencia

Spain

Gothenburg

Sweden

Stockholm

Sweden

Bern

Switzerland

Geneva

Switzerland

Zurich

Switzerland

Kyiv

Ukraine

Lviv

Ukraine

Odesa

Ukraine

Dubai

United Arab Emirates

Birmingham

United Kingdom

Edinburgh

United Kingdom

London

United Kingdom

Manchester

United Kingdom

Rome (Vatican-adjacent)

Vatican City

Training Outlines

Introduction

International Financial Reporting Standards (IFRS) have become the global standard for financial reporting, providing a common accounting language that improves comparability and transparency. This 5-day professional course, "IFRS in Practice," is designed to equip finance professionals with practical insights and the necessary skills to effectively implement IFRS in their organizations. Participants will gain a comprehensive understanding of key principles, significant standards, and strategies for successful application of IFRS in their day-to-day operations.

Objectives

Understand the framework and principles of IFRS.
Identify key differences between IFRS and local GAAPs.
Apply IFRS standards in preparing financial statements.
Analyze financial statements in accordance with IFRS.
Implement best practices for IFRS transition and compliance.

Course Outlines

Day 1: Overview of IFRS Framework

Introduction to the IFRS Foundation and IASB
Importance and benefits of IFRS adoption globally
Structure and components of the IFRS framework
Processes of IFRS standard-setting and updates
Key terminologies and definitions in IFRS

Day 2: Presentation and Disclosure under IFRS

IFRS Standard for Presentation of Financial Statements (IAS 1)
Statement of Financial Position: Components and Presentation
Statement of Comprehensive Income and its Components
Notes to Financial Statements: Importance and Presentation
Interim Financial Reporting (IAS 34)

Day 3: Key IFRS Standards and Applications

Revenue Recognition (IFRS 15)
Leases: Understanding IFRS 16
Financial Instruments: IFRS 9 and IFRS 7
Property, Plant, and Equipment (IAS 16): Recognition and Measurement
Impairment of Assets (IAS 36)

Day 4: Complex Standards and Consolidations

Business Combinations (IFRS 3)
Consolidated Financial Statements (IFRS 10)
IFRS 11: Joint Arrangements and Partnerships
Fair Value Measurement (IFRS 13)
Employee Benefits (IAS 19)

Day 5: Transition, Compliance, and Real-World Applications

First-time Adoption of IFRS (IFRS 1)
Transitioning from Local GAAP to IFRS
Managing IFRS compliance within the organization
Case studies and real-world challenges
Q&A and feedback session

Training Schedule

Below is the table of cities along with the respective dates for the upcoming training sessions of International Financial Reporting Standards IFRS in Practice Course. Please review the schedule to find the most convenient option for you. You can also use the below search bar to type the city name and filter the results.